All things STOCKS

[Thunder Good-Oil]

ATM ($64) HIMS 8/8 puts are $5.25/$5.40.

 

[Thunder Good-Oil]

I wonder why TDOC loses money? It seems like a good idea. But HIMS is more than 10x as valuable.

TDOC must have made some bad decisions - maybe expanded too quickly. It was nearly a $300 stock and is now a $7 stock while they’re losing over $1/share.

 

[Jax_Vol]

The premium on at the money PLTR call options ($160) expiring in 4 days is almost $9. The $175s are $3.35. Underlying is about $160 - up $5+ this morning.

THAT right there is going to be one crazy earnings call this afternoon.

Can't believe I'm even saying this, but even at a $325b valuation.....I think they will be $500b within 18 months.

 

[Jax_Vol]

I wonder why TDOC loses money? It seems like a good idea. But HIMS is more than 10x as valuable.

TDOC must have made some bad decisions - maybe expanded too quickly. It was nearly a $300 stock and is now a $7 stock while they’re losing over $1/share.

The CURSE of Katy Woods!!! It was one of her wonder picks five years ago and sounded awesome. They even partnered with Blue Cross Blue Shield. It worked fairly well during pandemic times of everyone stay home.

Per my research over weekend, learned that Tennessee doctors will no longer have TDOC option available after August 31. Disclaimer: That rule may only apply to Medicare and/or Medicaid.

You are right...the management must have made some bad decisions. But I don't know any real detailed information. But, seems brilliant...especially in northern cold winter states plus an aging heavyset population,

These other med company wizz kids (like HIMS) studied the error of their ways and we shall see if they can make the approach work.

 

[Thunder Good-Oil]

The CURSE of Katy Woods!!! It was one of her wonder picks five years ago and sounded awesome. They even partnered with Blue Cross Blue Shield. It worked fairly well during pandemic times of everyone stay home.

Per my research over weekend, learned that Tennessee doctors will no longer have TDOC option available after August 31. Disclaimer: That rule may only apply to Medicare and/or Medicaid.

You are right...the management must have made some bad decisions. But I don't know any real detailed information. But, seems brilliant...especially in northern cold winter states plus an aging heavyset population,

These other med company wizz kids (like HIMS) studied the error of their ways and we shall see if they can make the approach work.

How does HIMS sell GLP1? Ship everything to the patient and they self inject?

 

[Thunder Good-Oil]

THAT right there is going to be one crazy earnings call this afternoon.

Can't believe I'm even saying this, but even at a $325b valuation.....I think they will be $500b within 18 months.

A trillion dollar market cap isn’t out of reach if they can stave off the competition.

 

[Jax_Vol]

How does HIMS sell GLP1? Ship everything to the patient and they self inject?

Yes, that is correct. I'm on GLP1 myself and can attest to the magic juice. For first couple of years, it was a weekly jab in the thigh. I reached my goal, so the routine now is to just keep weighting. When I gain 5 pounds, time to jab. I'm averaging a jab usually every 17-20 days. Living in TN, there is some seasonal aspect to that data based on movement/light exercise.

There are actually websites for HIMS and HERS. Same company and CEO.

Using HERS, I think they might find success with the slightly heavy females who still wish to be high school skinny. Who knows?

https://www.forhers.com/lp/wl-start...eter&msclkid=349d0e2846131022925266b8933ce9de

 

[Thunder Good-Oil]

What does HIMS do that Amazon One Medical doesn’t?

 

[Thunder Good-Oil]

Amazon does NOT compound drugs.

 

[Jax_Vol]

Amazon does NOT compound drugs.

You found the difference.

Haven't looked closely, but guessing most big time pharmacies (like Amazon/WalMart/CVS/Walgreens) only deal with FDA approved meds.

The compounding is grey area. FDA did approve of that use during Wegovy/Zepbound/Ozempic/Mourjaro shortages.

HIMS owns its own compounding pharmacies. It is somewhat one of the safer, mid-price, risky selections.

Of ones I studied, it is IMO the best pick of the publicly traded companies. Again...I'm betting on the jockey.

 

[Jax_Vol]

PLTR and HIMS are slugging it out today.

Like watching the 2022 Vols vs Bammer game all over again.

 

[Jax_Vol]

Amazon does NOT compound drugs.

That HIMS idea was indeed a poor choice.

Very puzzling.

 

[Vol423]

Fully into HIMS at an average of 63.23.

Feels like I'm at the dog track and just placed a semi-hefty bet on the 18-1 odds greyhound that pooped while walking out of the tunnel.

Good news is that you shouldn't lose all your money on HIMS like you would at the dog track.

 

[Jax_Vol]

Good news is that you shouldn't lose all your money on HIMS like you would at the dog track.

Thanks!!! I needed some positive thought out of that bad experience.

As the last place dog said...."rough"

 

[Vol423]

Palantir raised its revenue guidance for Q3 to $1.083 to $1.087 billion vs. analyst expectations of $981.99 million.

 

[Jax_Vol]

Palantir raised its revenue guidance for Q3 to $1.083 to $1.087 billion vs. analyst expectations of $981.99 million.

Those guys are unreal.

My guys are stale fish.

 

[Jax_Vol]

Fully into HIMS at an average of 63.23.

Feels like I'm at the dog track and just placed a semi-hefty bet on the 18-1 odds greyhound that pooped while walking out of the tunnel.

Does anyone have an opinion?

I bought HIMS at $63.23 average.
Using Vanguard so no option for pre-market move.
Unwilling to double down and buy more.
Dump at opening bell for whatever it brings? $53-54 range maybe down 12%

I'm too old for volatile stocks...even PLTR was too much of a rollercoaster for me back after their IPO.

 

[tn4elvis]

Does anyone have an opinion?

I bought HIMS at $63.23 average.
Using Vanguard so no option for pre-market move.
Unwilling to double down and buy more.
Dump at opening bell for whatever it brings? $53-54 range maybe down 12%

I'm too old for volatile stocks...even PLTR was too much of a rollercoaster for me back after their IPO.

So I guess you are not a Reddit fan either. I’ve had at least two heart attacks watching this stock. Talk about volatile. Circle is another wild ride.

 

[Jax_Vol]

So I guess you are not a Reddit fan either. I’ve had at least two heart attacks watching this stock. Talk about volatile. Circle is another wild ride.

Lol! No, I look at Reddit occasionally, but it looks like the wild wild west to me. I admire those young bucks!

I have mainly Vanguard and Fidelity accounts. Think goodness.....neither of those are setup for the Reddit twitch.

Even after yesterday, I still believe HIMS has the right jockey and will grow from a $14b company to $30b within next 2-3 years.

But yeah...my heart can't handle the rollercoaster.

Was hoping to see a dollar amount from a professional analysist that valued their downgrade after this last quarter. Confident there will be downgrades.

 

[Thunder Good-Oil]

Does anyone have an opinion?

I bought HIMS at $63.23 average.
Using Vanguard so no option for pre-market move.
Unwilling to double down and buy more.
Dump at opening bell for whatever it brings? $53-54 range maybe down 12%

I'm too old for volatile stocks...even PLTR was too much of a rollercoaster for me back after their IPO.

Their debt is low and the management seems to be good. They only been profitable a short while and the margins are good. I’d hold on, but I don’t trade a lot. Buy some puts if worried about shares falling from here. Sell covered calls if you have multiples of 100 shares. Right now, the premium on calls is about 10% on the 8/15s - but options don’t trade extended hours. Find out in about 10 minutes where the options price.

 

[Thunder Good-Oil]

The call premium tanked. But the 8/22 60s are still about $3 (5%). They’ll follow the share price, so there should be a better opportunity later today. Maybe 8/8s at a similar price.

 

[Thunder Good-Oil]

PLTR is up 9% to $175/$176. I sold a few $180 8/8 calls yesterday. I could still close tge position for a small gain.

 

[VolGee4]

Does anyone have an opinion?

I bought HIMS at $63.23 average.
Using Vanguard so no option for pre-market move.
Unwilling to double down and buy more.
Dump at opening bell for whatever it brings? $53-54 range maybe down 12%

I'm too old for volatile stocks...even PLTR was too much of a rollercoaster for me back after their IPO.

I hope you held.

 

[Jax_Vol]

Their debt is low and the management seems to be good. They only been profitable a short while and the margins are good. I’d hold on, but I don’t trade a lot. Buy some puts if worried about shares falling from here. Sell covered calls if you have multiples of 100 shares. Right now, the premium on calls is about 10% on the 8/15s - but options don’t trade extended hours. Find out in about 10 minutes where the options price.

Thanks to all of you. I'm still holding for now. This thing is honestly making me want to start drinking shots before noon... Crazy crazy crazy action.

Proud of that PLTR group. I had them early and punted way too soon. As I recall, after a similar 2020ish earning call like HIMS yesterday, it went from like $24 to $14.

Don't quote me on those exact dates of prices or correlation. But, it was some bump in road, managers Alex & Peter were yabbing about a bunch of software stuff I didn't even understand. Too hip for me.

I have jumped in and out of them 3/4 times since IPO. Probably made just a little overall. But nowhere remotely close to just buying the stock and ignoring it for last 36-48 months.

 

[Thunder Good-Oil]

Some money manager was just on CNBC pointing out the enormous price to sales valuation of PLTR. Unprecedented. CRM was deemed way too expensive at 25x. PLTR is about 75x.

Also, PLTR management expects to grow revenues significantly. With a smaller staff. AI is on the verge of making a lot of jobs obsolete. I hope too many coal miners didn’t quit and instead learn how to code.